Problem 14-03A a-d (Part Level Submission) On January 1, 2020, Cullumber Corporation had the following stockholders' equity accounts. Common Stock (no par value, 93,000 shares issued and outstanding) Retained Earnings $1,395,000 480,000 During the year, the following transactions occurred. Feb. 1 Mar. 1 Apr. 1 July 1 31 Declared a $1 cash dividend per share to stockholders of record on February 15, payable March 1. Paid the dividend declared in February. Announced a 3-for-1 stock split. Prior to the split, the market price per share was $38. Declared a 5% stock dividend to stockholders of record on July 15, distributable July 31. On July 1, the market price of the stock was $10 per share. Issued the shares for the stock dividend. Declared a $0.40 per share dividend to stockholders of record on December 15, payable January 5, 2021. Determined that net income for the year was $347,000. Dec. 1 31 (c) Your answer is partially correct. Try again. Prepare the stockholders' equity section of the balance sheet at September 30. (Enter acc decimal places, e.g. 5,250.) CULLUMBER CORPORATION Partial Balance Sheet September 30, 2020 Stockholders' Equity Paid-in Capital Capital Stock Common Stock 1,395,000 Retained Earnings 387000 Total Stockholders' Equity 1,782,000 Click if you would like to Show Work for this question: Open Show Work